Addressing an
interaction organised by Small Enterprise Development Programme (SEDP) here today,
he said that economic revolution is not possible without production-oriented
economy. “The import-oriented economy cannot sustain the economic development,”
Koirala said, stressing on the need to encourage local industrialists to
strengthen people’s economic situation. SEDP is a programme implemented by the
Ministry of Industry.

Koirala, who is also the minister
for Industry and Commerce, opined that the conducive environment for investment
and political stability can attract more investors. The proposed foreign
investment policy includes programmes to create investment-friendly climate in
the country, he added.
"Not only flowers but even needles and threads are being imported from
abroad during festivals like Dashain and Tihar, which has seen outflow of billions
of rupees,” he added.
He also asked for increased investment in the local-level production assuring that the government will provide enough funds
for such programmes.